Learn what you want to know about Melon (MLN)

About melon

MelonPort is one of the smart contract platforms based on blockchain. The open source MelonPort protocol is specifically designed to manage digital assets on the Ethereum blockchain platform. The modular Melon protocol is not only transparent but also flexible. The platform aims to reduce costs and reduce the time required to manage assets. You can imagine it is a toolbox, a toolbox that anyone who owns digital assets and needs to manage digital assets can use.

MelonPort Composition

The following important components together constitute the Melon system:

Protocol：The consensus logic behind the tool system consists of a delegated “treasury” that securely stores digital assets; it also contains optional “modules” that allow Mellon to meet the different needs and requirements of different individual fund managers. Once the vaults and modules are combined, they form a Melon fund.

Web：A graphical user interface in a browser (Chrome, Firefox, etc.) that allows participants to access and interact with protocols.

Melon (MLN)： MLN provides protocol design rights to participants in the Melon ecosystem, and it acts as an incentive mechanism to ensure that participants can continue to participate.

Ecosystem：It consists of all the different actors and technologies that interact with and are affected by the Melon system.

Melon distribution

40% of MLNs will be issued during the February 2017 payment period, 40% of MLN is expected to be issued during the 2018 contribution period, 12% of MLN are held by Genesis, consultants and partners, and the last 8% of MLNs are held by Melonport AG. Have.

Melonport AG

Behind Melon is a private company, Melonnport AG. Melonport is building an open source Melon protocol, portal, and he is also the publisher of MLN. It is also responsible for providing support for ecosystems and communities, such as starting and maintaining social activities and forums, and even assisting emerging module developers in preparing modules and providing audit functions for the use of fund managers.

Melon chart

The competition in the blockchain application and smart contract industry is increasingly fierce. I think that the emergence of many blockchain platforms allows developers to strive to surpass each other. This kind of scene eventually helps innovation.